Swedish gambling regulators at the Spelinspektionen are hopping mad this week at the owners and operators of Videslots for allegedly running afoul of Swedish deposit rules for online gamblers. Company officials say that the Spelinspektionen's got it all wrong and that they're really not doing anything wrong at all. It's a game of he-said-she-said that's…
There was never really any question about whether or not regulated sports betting would be a hit in the United States. After all, black market betting had been pulling in hundreds of millions of dollars a year off the books for as long as anyone could remember. But did anyone really guess how quickly regulated…
The gambling industries has long been one of those 80/20 kind of industries. Those are the businesses where 80 percent of the revenue comes from 20 percent of the customers. More specifically, gambling operators rely on a minuscule portion of the player pool who spend disproportionate amount of cash and, therefore, generate a disproportionate amount…
There's little question that the American gambling industry is going through an extremely rough as a result of the pandemic. Land-based casinos have been hobbled by closures and occupancy restrictions, though online sports betting is offering some badly needed revenue in states where casinos are operating at limited capacity. So what's the good news? According…
The US Court of Appeals for the First Circuit has issued a ruling upholding a 2011 interpretation of the Federal Wire Act of 1961 that limits the scope of the Act to sport betting only. It's a major decision that negates the dark legacy of a twice-impeached Florida man who pushed to expand the Act…
UK sports betting operators are always pushing the envelope when it comes to finding new ways to wager on existing sporting matches. That sentiment could definitely be used to compliment the marketing acumen of UK operators. Unfortunately, it's also being used to help deride a bold new betting category that's been mocked and criticized by…
The UK Gambling Commission (UKGC) is pushing back on some wild claims made in a gaming industry-funded study on black market gambling that was produced by PricewaterhouseCoopers (PwC). Commissioners say the industry is hiding behind the specter of black market gambling in a bid to unshackle itself of burdensome regulations aimed at curbing problem gambling.…
There's a perception among some segments of the sports betting population that some online gambling operators take their sweet time when a customer is asking to withdraw his or her funds. Even worse, some critics of the online gambling business have alleged that some operators even encourage players to reverse withdrawals and put them back…
There's something about the total collapse of tax revenues during the pandemic that have made all kinds of US state governors take a fresh look at the viability of regulated sports betting in their states. The latest convert to the potential fiscal benefits of regulated wagering is Arizona Governor Doug Ducey. But bringing sports betting,…
If you're a sports betting cheat or an elite athlete with a tendency to abuse steroids, you might want to avoid Australia for a while. That's because the Aussie government is cracking down on sports cheating of all kinds and using its new Sport Integrity Advisory Council (SIAC) as the main authority in that fight.…
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